366 S Bunker Hill RdSpartaTN38583
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Sparta at 366 S Bunker Hill Rd, Sparta, TN, 38583 at $479,929 posts ROI 24.1% with $555/mo cash flow from $3,428/mo rent. Total monthly income equals $3,428/mo, and annual cash flow records $6,661/yr on $159,096 to close. Return on cash invested measures 24.1% and rental yield reads 8.57% at the current $479,929. Equity gained on principal adds $3,097/yr, and 5% annual appreciation supports $132,596 by year five. Five-year ROI prints 125.05% and total cumulative return in cash totals $198,954.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,428/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2018
0.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38583, Sparta, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,240 (100%) |
| Owner Occupied HU | 8,609 (70.3%) |
| Renter Occupied HU | 2,395 (19.6%) |
| Vacant Housing Units | 1,236 (10.1%) |
| Median Home Value | $233,486 |
| Average Home Value | $282,313 |
Housing Distribution
Address Breakdown
Residential
11,473
Single Family
11,218
Multi-Family
255
Businesses
728
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Nearby investment properties with comparable prices
Listed by: Heather Skender-Newton • Skender-Newton Realty
Mls Name: UCMLS
Mls Provider:
Mls ID: #238021
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